German gov’t offloads 900 Bitcoin, with 400 BTC sent to Coinbase and Kraken
The added selling pressure from the German government could tank Bitcoin price below the key $60,000 mark. Go to Source
Month: June 2024
Memecoins reverse bearish market trends to record double-digit growth
The biggest winners in the recent bullish surge are new memecoins that have emerged over the past few months. Go to Source
Former Soccer Star Ronaldinho: Time for Crypto to Go Mainstream
In a now-deleted message posted on June 23 on X, former Brazilian soccer superstar Ronaldo de Assis Moreira, known as Ronaldinho, declared his support for crypto, stressing that it was time for this industry to reach more people. Ronaldinho stated: “Time for crypto to go mainstream, who’s with me?.” Recently, he was named ambassador of … Read more
Marc Cuban wallet seen dumping NFTs after 2 years of inactivity
Marc Cuban’s wallet sold 14 NFTs for $38,500 and listed two more NFTs for sale for about $66,000. Go to Source
Hong Kong shows off crypto, Web3 prowess in Toronto
Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official. Go to Source
Bitcoin ETFs shed $1.3B over 2 weeks amid market slump
Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months. Go to Source
Bitcoin ‘cascading long squeeze’ to blame for slump to $60K
An increasing number of traders entering new long positions was the “fuel” behind Bitcoin’s slump to $60,000, according to a Bitcoin analyst Willy Woo. Go to Source
Jason Derulo sold his JASON tokens despite saying he wouldn’t, says Bubblemaps
The analytics firm claims the singer sold tokens despite promises that he wouldn’t, while the controversial figure who apparently helped create the token claims “it’s all orchestrated.” Go to Source
Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-enabled cross-borders settlement platform. Tencent participated through its international settlements arm Tenpay, which piloted the use case of the Chinese CBDC, the digital yuan, to settle e-commerce exports using Mbridge’s rails. Tencent Participated … Read more
‘Survival games’ as Bitcoin hash price skirts near all-time low
Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being. Go to Source
